<div class="textg" style="text-align: justify; font-weight: lighter; line-height: 1.3em; font-size: 15px; border-radius: 3px; color: #80909a; padding: 10px; background-color: #F4F6F9; margin-bottom: 15px;">
 Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our&nbsp;<a href="https://tokenist.com/terms-of-service/" style="text-decoration:underline;color:#3c7b7b" target="_blank" rel="noopener noreferrer nofollow" class="deco-link">website policy</a>&nbsp;prior to making financial decisions.
</div>
<p class="has-drop-cap">TD SYNNEX Corporation (NYSE: SNX) reported its fiscal 2023 fourth-quarter results, demonstrating a robust performance. The company achieved a remarkable revenue of $14.41 billion, a significant increase from the prior quarter. This growth indicates TD SYNNEX’s strong market presence and effective business strategies, highlighting its success in navigating the competitive tech distribution and services industry.</p>
<h3 id="snx-beats-eps-expectations-in-q4">SNX Beats EPS Expectations in Q4</h3>
<p>TD SYNNEX’s performance in the fiscal fourth quarter notably surpassed the expectations of an EPS of $2.67 but fell short of the expected revenue of $14.48 billion. The company reported an impressive EPS of $3.13, reflecting its operational excellence and strategic focus on high-margin business areas.</p>
<p>The firm provided a positive outlook for the upcoming quarter, forecasting revenue from $14 billion to $14.7 billion. The company expects its adjusted diluted earnings per share (EPS) to be between $1.65 and $2.15.</p>
<div class="cta-referral"><img src="https://tokenist.com/wp-content/themes/thetokenist/assets/img/del/cta-referral-1.png" alt="" class="cta-referral__img" loading="lazy" decoding="async">
 <div class="cta-referral__text">
  <p>Join our&nbsp;<a href="https://t.me/thetokenist" target="_blank" rel="noopener noreferrer nofollow" class="deco-link">Telegram group&nbsp;and never miss a breaking digital asset story.</a></p>
 </div>
</div>
<h3 id="stock-price-and-market-response">Stock Price and Market Response</h3>
<p>Following its fiscal 2023 Q4 earnings release, TD SYNNEX’s stock price exhibited significant movement in premarket trading. The stock had closed at $104.94 and had dipped to $100.82 at the time of writing, a decrease of 3.93%.</p> <iframe src="https://tokenist.substack.com/embed" width="100%" height="320" style="border:1px solid #EEE; background:white;" frameborder="0" scrolling="no"></iframe>
<p>The post <a rel="noopener noreferrer nofollow" href="https://tokenist.com/td-synnex-corp-snx-beats-expectations-in-q4-with-3-13-eps/">TD SYNNEX Corp. (SNX) Beats Expectations in Q4 with $3.13 EPS</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://tokenist.com">Tokenist</a>.</p>

TD SYNNEX Corp. (SNX) Beats Expectations in Q4 with $3.13 EPS

Table of Contents

Tokenist

Other articles published on Jan 9, 2024

Volkswagen To Integrate ChatGPT Into Its Vehicles For Interactive Conversations

Solana's (SOL) $100 Comeback: Unveiling Game-Changing Trends And Profitable Predictions

Jim Cramer Says Bitcoin Is Topping Off, Time To Buy Bitcoin?

Bitcoin Price Tested $47k As Trading Volume Soars Nearly 120%

MicroStrategy’s Bitcoin Strategy and the Future of MSTR Stock

Lawyer Points Out Silence in SEC v Ripple: Has the SEC Given Up?

Join our free newsletter for daily crypto updates!